Together
For sustainable community development
With the future in mind
ANNUAL AND SUSTAINABILITY REPORT 2023
2023 in summary
“2023 was marked by a split market for Peab. While housing construction deteriorated civil engineering, paving and public building construction developed well.”
*Refers to segment reporting
As a leading Nordic community builder we have a big impact – and thereby a big responsibility.
Jesper Göransson, President and CEO Peab
With the future in mind
For more than 60 years Peab’s business has been based on local community building. In local communities all over the Nordic region we work to improve everyday life for people where they live it. In this year’s Annual and Sustainability Report we describe our business and how it has developed over the last year 2023. At the same time we are targeting the future.
We are in the midst of a transition. We are talking about the climate transition the whole world is facing, about safe workplaces and equality in the construction and civil engineering industry. The choices we make to foster sustainable development of our business and communities today make a difference tomorrow.
As a leading Nordic and local community builder we have a big impact on the world around us – and thereby a big responsibility. We have a responsibility to push for positive development in the construction and civil engineering industry and safeguard the future of our own business and communities.
We do a lot and in the coming years we will do more. To truly succeed with the ongoing transition we need to work closely with our customers, suppliers and other partners. We need to go hand-in-hand with politicians and actors on the financial market. This is how we take on the future.
Collaboration is the way to achieving our targets
The strength in Peab’s business model – and thereby our ability to achieve our targets – grows when our four business areas collaborate with each other and when we as a Group work together with customers, suppliers and other prioritized stakeholders.
Most satisfied customers
We are close to our customers and meet their needs with sustainable offers. Quality permeates our work methods and end results. The right expertise in the right place is key to success.
Best workplace
We are a safe, secure and inclusive workplace rooted in a strong company culture. Leadership takes responsibility and is close to operations. Employees have value-creating and developing work assignments that they complete together.
Most profitable company
We take on the right projects and have the right business mix. Employees work according to quality-ensured work methods that are efficient in every aspect. Through our own resources and internal collaboration we maintain a high degree of value creation. We take advantage of our size and experience.
Leader in social responsibility
As the Nordic Community Builder we drive developments in our industry in matters concerning the climate and environment, ethics, and equal opportunity and inclusion. We work well together with stakeholders in the world around us and stride every day towards a sustainable value chain. With our extensive local presence we are also an important actor in the local community.